Nonprofit group, Ioka owner at odds over Exeter theater’s future
“While we appreciate his reduction of the asking price to $400,000, our position remains true to the understanding we and the Exeter community had when we went into this partnership with the Lewis family — the IOKA Theater would be provided to the Exeter Theater Company at no cost,” Tony Callendrello, chairman of the theater company’s board of directors, said in a statement posted on the group’s website.
The theater company originally said it was looking to lease the theater from Lewis for $1 a year for 99 years.
The group insists that the building is worth far less because of its condition and the amount that it would cost to restore the theater.
The group said it would put $100,000 in a maintenance reserve account to be used solely for the stabilization and repair of the theater and for the funding of ongoing expenses.
READER COMMENTS: 9
- Kuster's abortion lies: Claims against Garcia are untrue - 29
- The Obamaconomy: Shea-Porter shows its flaw - 30
- Smith schools Hassan: Leadership in Londonderry - 0
- Where officers live: Manchester is missing the point - 4
- Leo Bernier: For Hillsborough County Commission - 0
- Insurance exchanges Sam's Club or Obama's club? - 11
- Garcia and Guinta: For a change, send them to DC - 22
- Jeanne's travel ban: She doesn't want Obama here - 14
- Making it up: Shameless state Senate attacks - 9
READER COMMENTS: 0
- John Habib's City Sports: St. Thomas coach: I owe Central - 0
- Armed burglar from Derry sentenced to prison - 0
- 'Bingo hunting' police use random license plate checks to make arrest - 0
- Bedford police investigating burglary at Verizon Wireless store - 0
- Police: Manchester man charged with endangering child after going 101 mph - 0
- FairPoint customer concerned about blocked emails - 0
- Plaistow narrows field in search for its new police chief - 0
- Man faces robbery, assault charges after extradition from NY - 0
- Hershey Bears shut out Monarchs - 0
Hockey brought them together; Hooksett ice rink will serve as NH couple's 'church' for wedding
Dartmouth women skaters beat Union
NH Audubon's Rare Bird Alert
Armed burglar from Derry sentenced to prison
Hershey Bears shut out Monarchs